In a post, Vitalik Buterin proposed to utilize decentralized exchange (DEX) Uniswap for additional oracle functionality. The UNI token currently already provides oracle data, but only for the price of ERC-20 tokens.
Data outside of the Ethereum ecosystem, especially for USD, currently falls short. Based on Uniswap’s privileged position, Buterin suggests UNI is well poised to integrate a fuller complement of oracle services.
“This is a problem: algorithmic stablecoins need an oracle for the price of ETH/USD to be able to function, and they specifically need an oracle for USD the off-chain fiat asset, and not any specific on-chain instantiation of USD.”
The response to this proposal has been largely favorable. But given Uniswap’s stuttering V3 launch, questions arise whether the team can pull off such an integration.
UniSwap better poised than Chainlink
Oracles act as a bridge between blockchains and the outside world by providing data to smart contracts. For smart contracts to e
Źródło: https://cryptoslate.com/ethereums-vitalik-buterin-makes-the-case-for-uniswap-as-an-oracle-token/
